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Calculate pharoah earnings per share

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Reference no: EM132544427

Pharoah Corporation had 2020 net income of $1.9 million. During 2020, Pharoah paid a dividend of $6 per share on 97,000 preferred shares. Pharoah also had 200,000 common shares outstanding during the year.

Question 1: Calculate Pharoah's 2020 earnings per share.

Reference no: EM132544427

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